India is poised to surpass Japan as the fourth-largest economy, but World Economic Forum’s (WEF) former MD Claude Smadja cautions against complacency, citing the country’s low per capita GDP compared to Japan. He emphasizes the need for reforms to improve living conditions. India is poised to surpass Japan as the fourth-largest economy, but World Economic Forum’s (WEF) former MD Claude Smadja cautions against complacency, citing the country’s low per capita GDP compared to Japan. He emphasizes the need for reforms to improve living conditions.
